Details of adjusted trial balance of GEOCHEM are given below you are required to 1. Prepare balance sheet [4 Marks] 2. I

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Details Of Adjusted Trial Balance Of Geochem Are Given Below You Are Required To 1 Prepare Balance Sheet 4 Marks 2 I 1 (35.8 KiB) Viewed 21 times

Details of adjusted trial balance of GEOCHEM are given below you are required to 1. Prepare balance sheet [4 Marks] 2. Income Statement [2 marks] 3. Post closing entries only journals with detailed explanation [4 Marks) GEO CHEM Adjusted Trial balance March 31, 2022 Cash 22500 11650 Accounts receivable 11000 29000 Prepaid insurance Equipment Accumulated depreciation Accounts payable Notes payable (long-term) 1750 2000 3000 Unearned rent revenue 12500 3250 37250 500 41850 Salaries and wages payable Owner's capital (beginning) Owner's Drawings Service revenue Depreciation expense Salaries and wages expense Utilities expense TOTALS 12850 3550 10550 101600 101600